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Meta to cut 5% of workforce based on performance reviews
Meta cutting 5% of workforce based on performance
Meta, the parent company of Facebook and Instagram, is cutting the lowest-performing 5% of its workforce and plans to fill those roles later this year, the company said in a memo.
Internal Meta memo tells managers how performance-based job cuts will work
CEO Mark Zuckerberg starts another year by focusing even more on efficiency. This time he's targeting low-performing employees.
Meta to cut roughly 5% of its workforce based on performance
Meta is reducing its workforce by about 5% through performance-based terminations, Bloomberg reported on Tuesday.
Layoffs: Meta To Slash Workforce By Almost 5 Per Cent, Informs Job Cuts Via Internal Memo
Meta is planning to slash jobs based on performance. The company is all set to layoff nearly 5 per cent of the workforce, focusing on the lowest performing employees in the firm. A report by CNBC stated the CEO Mark Zuckerberg told the staff about the decision to ‘move out low performers faster’.
Meta's performance-based cuts could kick off a wider trend in tech
In today's big story, Meta is looking to quickly get rid of low performers with companywide cuts as it prepares for what Mark Zuckerberg says will be an "intense year." What's on deck Markets: The saga of finding Jamie Dimon's replacement takes another twist.
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Workers hitting their KPIs still aren’t safe from performance-based layoffs—here’s how bosses find other ways to fire you anyway
Companies like Microsoft, Amazon, and Goldman Sachs have based sweeping layoffs on employee performance, but career experts ...
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The End Of Management? Gen Z Faces New Challenges In 2025
In 2025, the youngest generation in the workforce, Gen Z, will face a workplace undergoing massive management shifts. How can ...
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Meta is done being nice to underperformers — and takes a page from Amazon's management playbook
Meta embraces Amazon's aggressive workforce-management strategy, a shift from Silicon Valley's traditional talent retention ...
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Microsoft and Amazon are using performance reviews to decide who gets laid off—experts warn these surefire mistakes will get you cut
Microsoft and Amazon are using employee performance metrics and reviews to decide who gets the boot in their waves of layoffs ...
3d
Meta to cut 5% of workforce based on performance
CEO Mark Zuckerberg has also warned employees about more such job cuts this year to 'raise the bar' on performance management ...
3d
on MSN
Meta to Cut 5 Percent of Staff, Focusing on ‘Lowest Performers,’ as Zuckerberg Restructures Company
Meta has made numerous company-wide shifts in preparation for President-elect Donald Trump’s impending return to the White ...
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on MSN
Mark Zuckerberg is starting Meta's 'intense' year by laying off low-performing workers
Meta Platforms (META) is reportedly planning on cutting 5% of its workforce as the technology giant looks to continue CEO ...
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